Focusing on industrial average return is good for wealth creation. Most of the time, when trying to double the money by each results in havoc. The wealth creation turns into a rollercoaster of ups and downs and finally yielding to a huge loss. We tend to put money based on the momentum and by the time we put this, it will be over and might turn to the distribution stage. Since the long term vision is now way nearer, then it will be hard to sustain at worst stages.
The problem with people who were used with instant gratification is that they would often assign wrong time frame with result analyses. What gets them to get their feet off the pride work is correlated with the measurement. The first few time blocks are always found to go against expectations. Without having the right time frame to measure, they often fall into the trap. The initials days or months always are meat to experiment and learn. During this learning process, things won’t go as expected and mistakes are necessary. Because learning at the early stages makes the person or the organization strong and keeps huge losses away in the near future. This period is often misunderstood and depicted as a wrong scenario thereby instilling the wrong belief or notion of passion. This is imprudent in nature and could be fixed straight with understanding or guidance. The range of possible net outcome differs different purposes. On a personal level, it requires less time a...
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